Illusion Of Banking Security
Plaid became part of the bedrock of day-to-day financial activity so quietly that many Americans might have never heard of it, despite the fact that it powers so many of the financial apps we use every day. As outlined in the complaint, when users are prompted to link their bank account when they open an account with, for example, Venmo, they are taken to a Plaid authentication screen. But users might not realize, because instead of Plaid’s logo and branding, the screen is instead designed to look like it belongs to the bank itself. So if a user was trying to connect a Bank of America account, they would be taken to a screen featuring the Bank of America logo and branding. This practice allowed Plaid to collect the banking information of millions of people, all while staying under the radar.Fighting For Accountability And Compensation
“Among the most valuable and sensitive of all consumer data is the personal financial information maintained in consumers’ banking and other financial accounts.” Those who have had their private financial information misused and exploited for corporate gain deserve to see Plaid held accountable and forced to change its behavior. Furthermore, Plaid should pay compensation for the damages they have caused. Morgan & Morgan data breach lawyers are fully invested in the fight for data privacy and security for all Americans. Led by John Yanchunis, a national leader in the field of data breach lawsuits, our lawyers have achieved meaningful results and made a real difference in the everyday lives of millions. If you have had your data improperly accessed, handled, or exposed due to the negligence of a corporation like Plaid, we’re here to help. Give us a call to get your case reviewed for free, 24/7. The post Financial Technology Company Plaid Accused Of Banking Data Ripoff appeared first on ClassAction.com.https://www.forlawfirmsonly.com/financial-technology-company-plaid-accused-of-banking-data-ripoff/
No comments:
Post a Comment